Lan Ce | The holiday countdown is on—don’t start trading with anxiety
$BTC
There are only two days left in the National Day holiday, and many people are already getting anxious. It’s not that they’re reluctant to see the holiday end—they just don’t know what to do with the positions they’re holding.
$ETH
The market has been seesawing these past few days: prices won’t rise when they should, and won’t fall when they should. Those who chased the market are uncomfortable; those who got out regret it. They keep getting whipsawed. They haven’t even had a proper holiday, and their mindset is already halfway to breaking down.
$SOL
After all these years of trading, my biggest takeaway is this: when you can’t make sense of the market, the best move is not to trade. These past few days, I helped a few foreign friends get a feel for the market. They don’t speak the language and can’t make sense of the indicators, so I gave them just one rule to follow: when I say wait, they wait; when I say exit, they exit. As a result, they traded more steadily than many people who watch the market all day. They took profits when it was time and let go when it was time. Not one of them stubbornly held on until their mindset fell apart.
Why? Because they don’t overthink it.
The more you know about the market, the easier it is to overthink. The more you try to buy at the bottom and sell at the top, the more likely the market is to teach you a lesson. By contrast, people who simply follow instructions and don’t wrestle with their emotions can hold on to what they should and let go of what they should.
The holiday is almost over, but don’t rush into the market as soon as it opens. First, get your positions in order and steady your mindset. There will always be another market opportunity. Your capital and your state of mind are your real trump cards.#币安推出BinanceIntelligence
$BTC
There are only two days left in the National Day holiday, and many people are already getting anxious. It’s not that they’re reluctant to see the holiday end—they just don’t know what to do with the positions they’re holding.
$ETH
The market has been seesawing these past few days: prices won’t rise when they should, and won’t fall when they should. Those who chased the market are uncomfortable; those who got out regret it. They keep getting whipsawed. They haven’t even had a proper holiday, and their mindset is already halfway to breaking down.
$SOL
After all these years of trading, my biggest takeaway is this: when you can’t make sense of the market, the best move is not to trade. These past few days, I helped a few foreign friends get a feel for the market. They don’t speak the language and can’t make sense of the indicators, so I gave them just one rule to follow: when I say wait, they wait; when I say exit, they exit. As a result, they traded more steadily than many people who watch the market all day. They took profits when it was time and let go when it was time. Not one of them stubbornly held on until their mindset fell apart.
Why? Because they don’t overthink it.
The more you know about the market, the easier it is to overthink. The more you try to buy at the bottom and sell at the top, the more likely the market is to teach you a lesson. By contrast, people who simply follow instructions and don’t wrestle with their emotions can hold on to what they should and let go of what they should.
The holiday is almost over, but don’t rush into the market as soon as it opens. First, get your positions in order and steady your mindset. There will always be another market opportunity. Your capital and your state of mind are your real trump cards.#币安推出BinanceIntelligence